Meren Energy Inc. (MER.TO) Research
Formerly known as Africa Oil Corp., Meren Energy Inc. is a Canadian company specializing in the exploration and production of oil and gas. The firm conducts its operations across Nigeria, Namibia, South Africa, and Equatorial Guinea, possessing interests in both active production and development assets in deep-water Nigeria, alongside a diverse portfolio of development and exploration projects throughout West and South Africa.
Market snapshot
- Symbol
- MER.TO
- Price
- $1.97
- Day change
- +1.03%
- Market cap
- $940.5M
- P/E ratio
- -7.50x
- 52-week range
- 1.61-2.58
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Next earnings
- in 2 months
Recent news
- Nasdaq back in positive territory but Dow still red as Trump arrives in China
10:45am: PPI surges above forecast US producer prices came in hotter than expected, signaling renewed inflationary pressure at the wholesale level. The...
- Meren Energy posts strong Q1 cash flow, sees upside in West African oil demand
Meren Energy Inc (TSX:MER, STO:MER, OTCQX:MRNFF) reported strong first-quarter operating cash flow and reaffirmed its 2026 production guidance, positioning...
- Meren Energy announces refinancing of reserve-based lending facility
Meren Energy Inc (TSX:MER, STO:MER, OTCQX:MRNFF) has announced that its subsidiary, Meren Coöperatief U.A., has signed a refinancing agreement for its...
Peer companies
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